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  • August 29, 2014
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  1. Business - Companies - STOCK MARKET

    Focus Media gets US$3.5b buyout offer

    Posted Aug 14th 2012, 02:25am

    ... as well as China Everbright, Focus Media said. The price is at a premium of 15.5 per cent over Focus Media stock's Friday close. Shares in the company, which had a market value of US$3.02 billion as of Friday's close,  touched a high of US$26.45 in early  US trading on Monday.  A person familiar with the situation told the South China Morning Post that Focus Media was quitting ...

  2. Business - Money - STOCKS

    Delisting of Focus Media just the start

    Posted Aug 17th 2012, 12:00am by George Chen

    ... Delisting of Focus Media just the start Focus Media's proposed delisting from the Nasdaq stock market in the United States is set to be a template for other Chinese companies that are growingly ... markets, Focus Media this week surprised shareholders with a US$3.5 billion plan to take the company private, backed by management and several private-equity funds. If successful, the deal would ...

  3. Companies from hazardous sector top the list as socially responsible

    Posted Apr 11th 2007, 12:00am by Denise Tsang

    ... Oil, pulp and paper and steel productions may be considered among the most hazardous industries environmentally and socially, yet companies in these sectors have topped the Hurun Report's list of the most socially responsible businesses on the mainland. China National Petroleum Corp (CNPC), the major oil producer and the parent of Hong Kong-listed PetroChina, topped ...

  4. Business - Banking & Finance - SECURITY

    Xi Jinping's security commission to also tackle financial industry

    Posted Jan 28th 2014, 04:30am by George Chen, Teddy Ng

    ... compare our efforts with some big Western countries, our leaders believe we still have a lot more to do with financial security, which is proving to be a serious threat not just to China but also ... and will be filled by an official with experience in the financial industry. The source cited two examples of how financial security could affect domestic social stability. One involved unusual price moves ...

  5. ChiNext punters playing with fire, state media says

    Posted Nov 03rd 2009, 12:00am by Staff Reporter

    ... newspaper, and securities newspapers including the China Securities Journal and Shanghai Securities News. The first start-ups on the Shenzhen-based ChiNext including Huayi Brothers Media ... Daniel Ren in Shanghai Volatility on the mainland's new Nasdaq-style market has prompted a wave of finger-wagging from state-owned media, with analysts warning investors of the risks ...

  6. Most top HK-listed companies fail test on social responsibility

    Posted Dec 09th 2008, 12:00am by Paggie Leung

    ... had been doing a lot on social responsibility. Wharf declined to comment. Other developers, including New World Development and Hang Lung Properties, along with Bank of China and trading ... Paggie Leung A majority of the top listed companies in Hong Kong fail to adopt sound social-responsibility policies and practices, a survey has found. Oxfam Hong Kong commissioned CSR Asia ...

  7. Social harmony clouds plans for bonus rewards at state-run firms

    Posted Dec 23rd 2006, 12:00am by Shirley Yam

    ... with Shirley Yam 'HARMONIOUS SOCIETY' IS China's slogan of the day and it is a slogan that carries a punch, affecting not only political life but also the commercial world, ... and the China Securities Regulatory Commission. Yes, these regulators have said much about the importance of aligning management interests with company performance and have recently issued relevant ...

  8. Modern Media seeks HK$100m from share sale

    Posted Aug 17th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Modern Media Holdings, a Guangzhou-based magazine publisher, plans to raise at least HK$100 million on the Hong Kong main board next month to strengthen its capital reserves ... The public offering will open for local investors to place orders in the first week of September, while trading is scheduled to start in the middle of next month. Modern Media owns two weekly and six ...

  9. Sunshine Media cleared for IPO

    Posted Aug 01st 2007, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Guangdong China Sunshine Media has received approval from the securities regulator to float its shares on the Shanghai Stock Exchange, becoming the mainland's ... It will make an initial public offering of 70 million shares and use the proceeds to fund 375 million yuan worth of expansion projects. Sunshine Media closed at 20.90 yuan on the OTC market last ...

  10. Business - Banking & Finance - STOCK MARKET

    'Time ripe' for China firms to go private

    Posted Oct 29th 2012, 12:00am by George Chen

    ... George Chen and Ray Chan Chinese companies whose shares are languishing in the United States could delist and return for a bigger impact, says banker 'Time ripe' for China ... private, a top China banker says. "Given depressed valuation levels and an environment with abundant liquidity, we expect privatisation activity by Chinese companies, especially in the US ...




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